With the markets never ending their surge upward, it makes you wonder. What the markets and the people with money in them fail to realize is this is not an easy fix in Greece or even here in the recovering U.S. One point that struck home over the past few days while watching the riots in Greece, is the expectation for the Greek people to change. The Greek people are expected to change their way of life, point blank. Now compare that to the your world. Ask yourself, could I take a 20% pay cut on top of minimum wage. Those reading this obviously don’t work for minimum wage, but that is a price decrease from $7.50 to $6.00. Imagine the effects that would have on our economy. What many fail to realize is that the Greeks no longer care about the “European Union” but instead care about themselves. The people that represent the masses, the politicians will do as the people want, and if they don’t they will find ones that do. Those in Greece are expected to live a new life inline with these guidelines that their neighbors set out for them. Though we may never get to the point when the Greeks are required to change their lifestyle (see them kicked out of the Euro), one thing is for certain, and that is they won’t.
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